Bitcoin’s Sky-High Prices Have Not Panned Out

Bitcoin has rebounded to a two-week high, reflecting a cautious recovery in the digital-assets market following a significant selloff that began in early October. Concurrently, the European Union has finalized a deal to accelerate the phase-out of Russian gas, impacting energy markets. Inditex, the parent company of Zara, reported a rise in November sales, indicating strong consumer spending resilience.

Bitcoin has surged back above $90,000 after a significant selloff that erased nearly $1 billion in leveraged bets, marking a brief recovery amid ongoing volatility in the cryptocurrency market. Kavita Gupta from Delta Blockchain expressed concerns about the lack of transparency in crypto treasury companies during her appearance on Bloomberg Crypto.

Bitcoin has seen a significant decline in value, dropping approximately 16% over the past six months, leading many to question its true worth. Merryn Somerset Webb discusses the implications of this downturn, particularly as Bitcoin approaches its lowest price since April 2025.

Strategy CEO Phong Le expressed a commitment to maintaining dividend payments to investors indefinitely, despite the ongoing decline in Bitcoin prices. He emphasized that there are no plans to liquidate the company's Bitcoin holdings during this downturn. Le made these remarks during an interview on Bloomberg Crypto.